According to the new market research report “Washed Silica Sand Market by Fe Content (>0.01%, ≤0.01%), Particle Size (≤0.4mm, 0.5mm – 0.7mm, >0.7mm), Application (Glass, Foundry, Oil well cement, Ceramic & Refractories, Abrasive, Metallurgy, Filtration) and Region – Global Forecast to 2026″, size is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a CAGR of 5.4% from 2021 to 2026. The market is projected to grow in accordance with the increase in the demand for silica sand for numerous applications, particularly for glass and foundry application across the globe. Furthermore, the silica sand market has witnessed a significant increase in demand, owing to its demand as a good refractory material, across various end use industries.
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>0.01%, by Fe content, accounted for the largest market share in the washed silica sand market. Silica sand is one of the most abundant materials available on the earth. Silicon dioxide in terms of iron (Fe) content is segmented into two parts, i.e. more than 0.01% and less than or equals to 0.01%. silica sand with an iron content of more than 0.01% finds its application in most industrial applications, including glass making, cement, and abrasive. The increasing silica sand demand from above end use industries to drive the market during forecast period.
Particle 0.5mm -0.7mm is the largest segment for washed silica sand in 2020 in terms of value and volume. The major consumption of this granular size sand in glass making and filtration application is driving the market demand for washed silica sand. Silica sand with particle size 0.5mm -0.7mm is used in water filtration application, owing to its medium granule size, which efficiently helps to filter unwanted particles and other impurities from the water.
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The global washed silica sand market size is projected to grow from USD 18 million in 2021 to USD 24 million by 2026, at a Compound Annual Growth Rate (CAGR) of 5.4% during the forecast year. Washed silica sand refers to silica sand that undergoes a washing and rinsing process after mining. Salt, clay, and other powders and dust are washed out of the overall mixture. It often undergoes additional separating and classification into grain sizes or grit sizing. Washed silica sand comes in coarse, medium, fine, and ultra-fine granule sizes. Washed silica sand is used for various applications, such as glass, foundry, ceramic & refractories, filtration, abrasives, metallurgical silicon, and oil well cementing.
The washed silica sand market has thousands of companies which thrive in their domestic market. A few of the major players are, Sibelco NV (Belgium), U.S. Silica Holdings, Inc. (US), VRX Silica Limited (Australia), Australian Silica Quartz Group Ltd (Australia), and Adwan Chemical Industries Company (Saudi Arabia), among others. These players have adopted various growth strategies, such as merger & acquisitions, and agreements, to increase their market shares and enhance their product portfolios.
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Merger & acquisition accounted for the largest share of all the strategic developments that took place in the washed silica sand market between 2017 and 2020. Key players such as U.S. Silica Holdings, Inc., and VRX Silica Limited adopted these strategies to enhance their business, market presence, and meet consumer demand.
SCR- Sibelco NV is a global material solutions company. It provides specialty industrial minerals, particularly silica, clays, feldspathic sand, and olivine. The company operates different business segments, namely, Covia, Build Environment; Disposal Group Lime, Glass Solutions; Coating, Polymer & Chemical Solutions; and Water & Environment Solutions. Covia operates with 50 million tons of active production capacity. The company produces the crystalline forms of silica – quartz and cristobalite – as both sands and flours. For industrial use, pure deposits of silica capable of yielding products of at least 98% SiO2 are required. The company has three major silica sand production facilities worldwide. It has 114 production sites that are operating in 31 countries worldwide.
U.S. Silica Holdings, Inc. engages in the provision of commercial silica products. It operates through the Oil & Gas Proppants and Industrial & Specialty Products segments. The Oil & Gas Proppants segment focuses in delivering fracturing sand, which is pumped down oil and natural gas wells to prop open rock fissures and increase the flow rate of natural gas and oil from the wells. The company operates in the US and Canada. It operates 23 production facilities in the US. It controls 489 million tons of reserves of commercial silica, which can be processed to make 197 million tons of finished products.
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